Summary of U.S. export and import merchandise trade

MISSING IMAGE

Material Information

Title:
Summary of U.S. export and import merchandise trade
Series Title:
FT-900
Physical Description:
v. : ; 28 cm.
Language:
English
Creator:
United States -- Bureau of the Census
United States -- Bureau of the Census
Publisher:
Dept. of Commerce, Bureau of the Census, Foreign Trade Division for sale by the Subscriber Services Section (Publications), Bureau of the Census
Place of Publication:
Washington
Creation Date:
May 1974
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Commerce -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
serial   ( sobekcm )

Notes

Citation/Reference:
American statistics index
Dates or Sequential Designation:
1974-1976.
General Note:
At head of title: 1977- United States foreign trade.
General Note:
Formerly classed C 56. 210:900 - during the time the Bureau of the Census was subordinate to Social and Economic Statistics Administration.
General Note:
Issues prior to Oct. 1977 were sent to depositories as Item 144.
General Note:
Unnumbered supplements accompany some issues.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 001209840
oclc - 02245761
notis - AFW0105
lccn - 76640395
issn - 0361-0047
sobekcm - AA00005271_00001
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00001

Related Items

Preceded by:
United States foreign trade; export and import merchandise trade
Succeeded by:
United States foreign trade. FT900, Summary of U.S. export and import merchandise trade

Full Text




SUMMARY OF U EXPORT AND

SIMMPORT MER --JRADE


UNI V. L



I A". June25, 1974

S_---- 10:00 A.M.


The Bureau of the Census, Department of Commerce,
announced today that during May 1974, seasonally ad-
justed exports excluding Department of Defense (DOD)
Military Assistance Program Grant-Aid shipments,
amounted to $7,629.7 million 1/2/ and that seasonally
adjusted general imports for May amounted to 58,406.6
dllion. 1/2/ Comparable seasonally adjusted totals
for April were $8,234.0 million for exports and
$8,141.2 million for imports.

The Bureau, part of the Department's Social and
Eqoncmic Statistics Administration (SESA), noted that
based on the above seasonally adjusted figures, a mer-
chandise trade deficit orf 776.9 million 2 was re-
corded for May.

Seasonally adjusted imports on a c.i.l. (cost,
insurance, and freight) value basis for May amounted
to $9,008.7 million. 1/2/3' The merchandise trade
balance computed by substituting the c.i.f. import
value for the regular (Customs) import value and using
the same export value, which is on a.f.a.s. (Free along-
aide ship) U.S. port-of-exportation basis, would amount
to a deficit of $1,379.0 million. 1/2/3,

The Bureau also stated that the May import total on
a seasonally adjusted (Customs value) basis is the high-
eat on record, exceeding the April 1974 record high im-
part total by $265.A million. Seasonally adjusted ex-
ports for May were at the lowest level recorded since
February 1974.
During the 5-month period January-May 1974, season-
ally adjusted exports were at an annual rate of 391,810


usted Data


million, or about 30 percent nigher than the calendar
year 1973 total of $7j0,798 miiiion. Seasonally adjust-
ea imports I Cu-toms value basis) for the period were at
an annual rate of $91,806 million, about 13 percent
higher tnan the calendar year 1973 total ofr b9.121 mil-
lion. During the 4-month period, February-May 1974,
seasonally adjusted exports averaged $7,785.8 million per
month, a level ab-ou 13 percent above the $6,8"9.8 mil-
lion average reported For the preceding 4-montn period,
October 1973-January 197.. General imports averaged
$7,946.4 million For the current 4-month period, about 26
percent higher than the $6,28t.8 million flr tne previous
4 months, October 1973-January 1974.

Seasonally adjusted ara unadjustea export and import
tctal for selected Scheaule A and B commodity sections
and divisions are shown in table ,, "U.S. Exports of
Domestic Merchardise--Schedule B Sections and Selected
Divisions (f.a.s. value basi-);" table 5A, "U.S. Genresl
Importa--Schedule A Sections (Customs value asias);" raid
Table 5B, "U.S. General imports--Schedule A Sections
(c.i.f. value basiz)." Conmodity components for exports
exclude foreign merchandise, but include data or EOD
Military Assistance Program Grant-Aid shipments.

Erports unsdjuted for seasonal manage and excluding
Military Assistance Program Grant-Ala ihlpments increased
from $8, 38i. million in April to i8,.27.0 million in
May. With Militar; Assistance Program Grant-Aid ship-
menta included, May export were valued at $8.!88.1 mil-
lion sa compared to $8,18d.0: million in April. Unadjusted
general imports amounted to $8.370.8 million in April and
$8,899.2 million in May.


'Adjusted for seasonal and working-day variation, but not for price level Factors used to adjust 1973 and 1974 data shown in this report represent
seasonal adjustment factors derived from monthly data through 1973 and introduced in January 1974 combined with the appropriate working-day
adjustment factors
'Cuuladrons of data over at least 4-month period are desirable to identify underlying rends. Month-to-month changes in exports, importsr and
similar sees often reflect primarily i lar movemens, differences in monthly carryoer, er. Recent month-to-month percent changes in the overall
seasonally adjusted export and import series are printed in the following table with average percent month o-month rise and decline over longer
periods shown for comparison. The average rise and decline figures exclude percentage changes for (I) the periods December 1968 March 1969 and
JulyDecember 1971 because of abnormalities in the data due to effects of dock strikes and (21 periods when negligible changer (iero percent) in the
level of exports/imports occurred:

Month-to-month Average monthly rates of change

Series Apr.-May Mar.-Apr. Feb.-Mar. Jan.-Feb. Average Average 4 months 12 months
1974 1974 1974 1974 rise decline Jan.-May May 1973-
1969-1973 1968-1973 1974 May 1974
(Percent) (Percent) (Percent) (Percent) (Percent) (Percent) (Percent) (Percent)

Exports........ -7.3 7.3 +0.9 +7.0 ,3.9 -3.9 +2.0 +2.8
Imports...... +3.3 +3.8 +6.1 *14.3 -3.7 -2.7 +6.9 +3.5

s& the "Explanation of Statistics "section of this report for explanations of these export and import values and trade balances.


Inquiries concerning these figures should be addressed to the Chief, Foreign Trade Division. Bureau of the
Census, Washington, D.C. 20233. Tel: Area Code 301, 763-5140.

S U.S. DEPARTMENT OF COMMERCE, Social and Economic Statistics Administration, BUREAU OF THE CENSUS

\ For sale by the Publications Distribution Section. Social and Economic Statistics Adminstration, Washington, D.C.
20233. Price 10 cents per copy. Annual subscription (FT 900, 975. 985, and 986 combined) S3.00.
*S B00


.2Io:17
A:R i


I- /f-b-


V a __


FT 900-74-5


%0r-







EXPLANATION OF STATISTICS


;.' ..* '*

Import Statitics ,

General Imports/lmp o. joq ponsumptiorc C

The official U.S. import statiits are compiled bfy ihf
Bureau of the Census from copies (the import !e4 Ianpd
warehouse withdrawal forms whi .Btte~s'* iued
by law to file with Customs offii#l Jaifd s tcs are
presented in terms of both "General impbrts"'and '"Imports
for Consumption." General imports are a combination of
entries forimmediate consumption and entries into Customs
bonded warehouses and thus generally reflect total arrivals
of merchandise. Imports for consumption are a combination
of entries for immediate consumption and withdrawals from
warehouses for consumption and thus generally reflect the
total of the commodities entered into U.S. consumption
channels.
Import Valuation'

Customs Import Value
The value of imports as appraised by the U.S. Customs
Service in accordance with the legal requirements of
Sections 402 and 402a of the Tariff Act of 1930, as
amended, is referred to as the Customs value. It may be
based on the foreign market value, export value, con-
structed value, American selling price, etc. It generally
represents a value in the foreign country, and therefore
excludes U.S. import duties, freight; insurance, and other
charges incurred in bringing the merchandise to the United
States. This valuation is primarily used for collection of
import duties and frequently does not reflect the actual
transaction value.

CIF Import Value
The c.i.f value represents the value of imports at the first
port of entry in the United States. It is based on the
purchase price and includes all freight, insurance, and other
charges (excluding U.S. import duties) incurred in bringing
the merchandise from the country of exportation and
generally placing it alongside the carrier at the first port of
entry in the United States. If the merchandise was acquired
in a transaction between related parties, the purchase price
used in deriving the c.i.f. value is based on an arm's-length
equivalent transaction price, i.e., a price which would exist
between unrelated buyers and sellers.

Import Monthly Carryover

It is the objective of the compiling procedures to include
shipments, insofar as practicable, in the statistics for the
actual month of importation. However. for purposes of the
statistics the month of importation is based on the date of
the import entry or warehouse withdrawal document. This
may not in all cases correspond to the actual month of
importation. (For example, under the Customs
"immediate-delivery" procedures, importers may file the
import entry up to 10 workdays after the actual date of
importation.) Also, because of processing problems (e.g.,

'Values have not been adjusted for changes in pnce level.


late receipt of a document for an end-of-month shipment,
rejection of a shipment by the computer because the data fail
to meet certain edit criteria established to protect the
accuracy of the statistics, etc.), there is an overall average
carryover of about 7 percent (in terms of value) of the
shipments from the reported month of importation (based
on the date of the import entry or warehouse withdrawal
document) to a subsequent month, usually the succeeding
month. In addition, as a result of the aforementioned
Customs "immediate-delivery" procedures, there is a further
carryover of presently unknown magnitude from the actual
month of importation to a subsequent month. These
limitations should be borne in mind when making
month-to-month comparisons.

Cumulations of data over at least 4-month periods are
desirable, to identify underlying trends. Month-to-month
changes in imports, exports, and similar series often reflect
primarily irregular movements, differences in monthly
carryover, etc.
Export Statistics
Exports of Domestic/Foreign Merchandise
The official U.S. export statistics are compiled by the
Bureau of the Census primarily from copies of Shipper's
Export Declarations which are required to be filed with
Customs officials, except for Department of Defense Mil-
itary Assistance Program Grant-Aid shipments which are
reported directly to the Bureau of the Census by the
Department of Defense. The statistics are reported as
exports of domestic or foreign merchandise. Exports of
domestic merchandise include commodities which are
grown, produced, or manufactured in the United States, and
commodities of foreign origin which have been changed in
the United States from the form in which they were
imported, or which have been enhanced in value by further
manufacture in the United States. Exports of foreign
merchandise include commodities of foreign origin which
have entered the United States as imports and which, at the
time of exportation, are in substantially the same condition
as when imported.
Export Valuation'
FAS Export Value

The value reported in the export statistics generally is
equivalent to a f.a.s. (free alongside ship) value at the U.S.
port of export, based on the transaction price, including
inland freight, insurance and other charges incurred in
placing the merchandise alongside the carrier at the U.S.
port of exportation.

Export Monthly Carryover
It is the objective of the compiling procedures to include
shipments, insofar as practicable, in the statistics for the
actual month of exportation. For purposes of the statistics,
the month of exportation is generally based on the date
when the shipment leaves the United States. (For vessel or
air shipments it is the date when the carrier departs or is

'Values have not been adjusted for changes m price level.


FT 900 Effective January 1974










cleared from the port of export.) However, as indicated
above for imports, because of processing problems (e.g., late
receipt of a document for an end-of-month shipment,
rejection of a shipment by the computer because the data fail
to meet certain edit criteria established to protect the
accuracy of the statistics, etc.), there is an overall average
carryover of about 5 percent (in terms of value) of the
shipments from the actual month of exportation to a
subsequent month, usually the succeeding month. These
limitations should be borne in mind when making
month-to-month comparisons.

Cumulations of data over at least 4-month periods are
desirable to identify underlying trends. Month-to-month
changes in imports, exports, and similar series often reflect
primarily irregular movements, differences in monthly
carryover, etc.

Merchandise Trade Balances

Two trade balances are presented in this report:

1) The balance between exports based on f.a.s. values
and imports based on Customs values.
2) The balance between exports based on f.a.s. values
and imports based on c.i.f. values with adjustments for
imports from affiliated sellers abroad to reflect arms-length
equivalent prices.

Both balances are useful for certain purposes. The first
balance is comparable to the U.S. trade balances published
in the past, and permits comparisons with earlier data. The
second balance is based on concepts similar to those used by
most foreign countries, and therefore provides a reference
for comparison with the trade balances published by those
countries.

Neither of these balances corresponds to a measurement of
the international payments or credit flows resulting from
trade between the U.S. and foreign countries. In the first
balance, exports are valued f.a.s. and reflect transactions
prices, while imports are valued according to Customs legal
requirements. In the second balance, imports include freight
and insurance charges, even those paid to U.S. firms, while
exports which are valued f.a.s. exclude freight and insurance
charges even if they are earned by U.S. firms. Furthermore,
imports from affiliated foreign sellers are revalued to
arms-length prices, while no such adjustments are made for
exports.

Effective with the statistics for January 1975, the balance
using import data based on Customs valuation will be


replaced by one calculated on a consistent basis with both
exports and imports based on f.a.s. transactions values. At
that time comparable data for 1974 will be available.


Revisions to the Statistics

Revisions are carried into the statistics on a periodic
basis. Data for 1973 and 1974 appearing in the 1974
monthly issues of this report are presented as follows'

1974 Statistics

a. January through November 1974 issues: figures are as
originally issued, except as noted below.
b. December 1974 issue: figures reflect revisions for
prior months of the year issued with December 1974
statistics or earlier, as noted below.

1973 Statistics

a. January through May 1974 issues: figures reflect
revisions issued with December 1973 statistics or
earlier.
b. June through December 1974 issues. figures reflect
revisions to 1973 data issued with June 1974 sta-
tistics or earlier.

In addition to the revisions which are made on a penodic
basis, instances may occur where a significant error in the
statistics for a month of the current year is discovered after
the statistics for that month are compiled If the error is of
sufficient importance to require correction prior to the time
that the regular revisions are camed, the correction is made
and so noted in this report.




Sources of Further Information

Additional information regarding foreign trade statistics
coverage, valuation, etc., is contained primarily in the
following publications: Report FT 990, Highlights of U S
Export and Import Trade; FT 135, U.S. Imports, General
and Consumption, Schedule A Commodity by Country; FT
410, U.S. Exports. Schedule B Commodity by Country. and
the Guide to Foreign Trade Statistics. Information regarding
additional sources of statistics, the methodology used in
seasonally adjusting the data, and other matters relating to
foreign trade statistics may be obtained from the Bureau of
the Census, Washington, D.C. 20233.


FT 900 Effective January 1974













Table 1. U.S. Exports. General Imports, and Merchandise Trade Balance, Adjusted for Seasonal
and Working-Day Variation, by Month

Part A Exports (I.a.s. Value Basis) and General Imports (Customs Value Basis): January 1973 to May 1974

(n millions of dollars. See Explanation of Statstcs for mfonnraon on cuveage and definutons of report ama impart vahes and tade balance. Al data shown for 1973 and 1974
reled seasonal adjustment factors introduced in January 1974)

Period and Jaary- Janury February Malrc Aprll May June July August opm- October Er- Dea- -
series may ber bar bar


1973

Exports'.............. 26,382.7 4,954.8 5,070.5 5,308.5 5,491.6 5,557.3 5,725.6 5,859.9 6,044.3 6,413.7 6,584.0 6,B70.6 6.953.5
Custoaa Lmport value. 27,192.1 5,243.9 5,482.1 5,410.5 5,355.6 5,700.0 5,765.2 5,821.2 5,991.4 5,621.3 5,968.6 6,627.5 6,083.9
Merchandise trade
balance............. -809.4 -289.1 -411.6 -102.0 +136.0 -142.7 -39.6 +38.7 .62.9 +792.4 4615.4 4-43.1 4686.6

1974

Exports'............. 38,254.1 7,111.0 7,605.5 7,673.9 8,234.6 7,629.7
Customs import value. 38,252.6 6,467.2 7.392.4 7,845.2 8,141.2 8,406.6
Merchandlee trade
balance............. +1.5 4643.8 4213.1 -171.3 '92.8 -776.9

'Represents exports of domestic and foreign merchandise excluding Deparment of Defense MIltlary Asaastance Program Grant-Aid shaipmets.


Part B. Exports (f.a.s Value Basis) and General Imports (ci.f. Value Basis): January 1974 to May 1974

I n minlons of dollau See Explanatnon of Statstics for infoarmaon on coverage and definitions of export and port values and trade balances. All data shown for 1973 and 1974
reflect seasonal adjustment ac ors mtroduced in January 1974)

Period ano January- Bapteis- .ove- ne=a-
Pe lean January- January February March April may June July August be October obe- De a-


1974

Exports'............. 38,25..1 7,111.0 7,605.5 7,673.9 8,234.0 7,629.7
C.%.i. Import value.. i.,955.6 6,945.6 7,902.5 8,376.6 8,722.2 9,008.7
Mercandise trade
balance.............. -2,701.5 +165.4 -297.0 -702.7 -488.2 -1,379.0

'Represents exports or domestic and foreign mercbandise excludire Department of Defense illltary Assistance Program Grant-Aid shipments.













Table 2. U.S. Exports (a.s. Value Basis) of Merchandise Showing Department of Defense (DOD) Military
Assistance Program Grant-Aid Shipments, by Month: January 1973 to May 1974


(In illllons of dollars. See Explmaation ot Stalsltics for Information on coverage and a definition of (f..a..) export value. Unadjusted totals
represent u- of unrounded figures and hence may vary slightly iroa sou of rounded amounts)

Bxports excluding DOD Exports Lncluding DOD Gra -Ala'
Grant-Aid DOD Gratn-Alt

Period Do estic Dome ic Domentl-
and and Domestlc, and Domestac, Western Other
foreign.e.ad ot
foreaogn foreign, unadjusted foreign, unadjusted ota Europe countries

sadusted' unadJusten unadjusted


1973

January-Deceaber............................ () 70.798.4 69,707.4 71.314.0 70,223.0 515.6 185.5 330.1

January-May................................ 26.382.7 27,101.B 26,667.4 27,309.5 26.L75.1 207.6 67.5 140.1


January.................................... 4,954.8 4,731.8 4,662.3 4,i73.6 4,704.1 41.8 19.9 22.0
Pebruary................................. 5,070.5 4,866.2 4,796.6 4.902.9 4,833.3 36.6 9.1 27.5
March...................................... 5,306.5 5,922.2 5,826.9 j.975.1 5,879.8 52.9 15.5 37.4
April ..... ......... ...... .... 5,491.6 5,560.8 5,456.8 5,596.1 5.492.1 35.3 10.9 24.4
May...................................... 5,557.3 6.020.8 5,924.8 6,061.8 5,965.8 41.0 12.1 28.9
June........................... ....... 5,725.6 5,657.9 -,764.4 5,696.4 5,792.9 38.5 14.8 23.8


July.............................. ... 5,859.9 5,326.1 5,244.4 5,392.2 .,310.s 66.1 39.0 27.1
August.................................... 6,044.3 5,787.4 5,684.1 5,819.3 5,716.0 31.9 7.9 24.0
September..... ......................... 6,413.7 5,959.0 5,879.9 6,015.6 1.936.5 56.6 18.7 37.9
October................................... 6,584,0 6,749.3 6,633.9 6,783. 6,66s6. 34.2 6.0 28.2
Noveader.................................. 6.870.6 7,091.1 7,001.3 7,127.7 7,037.8 36.6 6.5 30.1
December................................. 6,953.5 6,92-.7 6,842.0 6,9E9.7 6,686.0 44.0 26.2 d1.8

1974

January-May............................... 38,25.1i 3J9,.--.8 38,-91.2 39,t6b.0 .39,1....- Z.2 53.0 156.3

January.................................. 7,111.0 6,831.6 6,750.4 6,873.6 6,792.5 42.1 14.7 27.3
Pebruary.................................. 7,605.5 7,298.2 7.206.9 7.340.1 7,218.7 41.9 16.3 25.6
arch ...................................... 7673.9 S,519.6 6,406.? 8.547.3 8.43j 6 2 .7 9 18.0
April...................................... 8.234.0 8,381.4 ,25.. 6,416.0 8.252.4 36.6 6. 30.1
'...9.. ......................t.......... ". .' a,.~A 7.0 ,,z'9 .i g,j'.7. 55.:1
June.......................................

Jtly......................................
July............................. .......
Ausgust.............................. ......
September.................................
October...................................
Zosember...............................
December......................... .....

'AdjtsLed for seasonal and working-day varIatlon uaing seasonal anajustmet fas.or Introduced Lat January 1974. See fooltote 1 on front page.
'Represents only export shipments from the United States and rileer from DOD Military Aasletance Program Grant-Ald shipment figures under tbis
program as follows: (a) rransfera of the material procured oltdloe the United States and Iransiera from DOD overseas nLorks from export shbipents.
(b) BEport value is f.a.s., whereas DOD illue, in most instances, is t.o.b., point of origin. (c) Data for shIpmtnt reported by the DOD for a given
month are included in Bureau of the Census reports In the second month subsequent to the month reported by the DOD.
'Annual total is not bahn for seasonally adjusted data. Unadjusted data should oe used for annual totals.













Table 3. U.S. Imports of Merchandise, by Month: January 1973 to May 1974

(In millions of dollars. See E splanation of SLatisbca for Uformation on coverage and definitions of Customs and c.Lf import viaues. Unadjusted totals mprepret sum of unfounded
figures and hence may vary slightly from sum of mrunded amounts)

U.S. Lmports of merchandise

Customs ralue C.I.F. value

period General utports Imports General imports Imports
for for
Seasonally Unadjusted consumption Seasonally Undjaustd consumpt on
adjusted' unadjusted adjusted' djuunadjusted

1973

January-Deceeber....................... (1' 69,121.2 68,656.0 ( ) (1) () (0)

January -May............................ 27,192.1 27,347.4 27,181.7

January................................ 5,243.9 5.406.5 5,351.7
February............................... 5,482.1 4.958.0 4,942.5
Marcbh................................... 5.410.5 5,600.9 5,588.9
Aprfl.................................. 5,355.6 5,348.6 5,288.8
May.................................... 5,700.0 6,033.4 6,009.8
June................................ .. 5.765.2 5,900.7 5,846.4

July................................... 5.821.2 5,651.8 5,591.7
August ................................. 5,991.4 5,997.4 5,908.8
SepLember ............................. 5,621.3 5,286.3 5,280.7
October................................ 5.968.6 6,373.3 6,303.6
November............................... 6,627.5 6,787.2 6,781.6
December............................... 6,083.9 5,777.3 5,761.7

1974

January -May ................... ........ 38,252.6 38,435.1 38,010.8 .0,955.6 41,153.6 10,709.4

January................................. 6,467.2 6,649.6 6,505.7 6,945.6 7,141.5 6,989.1
February.............................. 7.392.4 6,692.3 6,689.4 7,902.5 7,154.1 7,143.5
March.................................. 7,645.2 7,823.2 7,724.6 8,376.6 8,353.1 8,256.0
Apr l .................................. 8.,141.2 8,370.8 8,277.3 8,722.2 ,8,968.2 8,873.5
May.................................... 8,406.6 8,899.2 8,813.8 9,008.7 9,536.6 9,1L7 .
June..................................

July...................................
August................................
Jeptember............................
October................................
November...............................
December ...............................

'Adjusted for seasonal and morking-day variation using seasonal adjustment factors introduced in January 1974.
'Annual total is not show for seasonally adjusted data. UnadjusLed data should be used for annual totals.
'C.I.f. data not collected prior to Jauary 1974.













Table 4. U.S. Exports (tas. Value Basis) of Domestic Merchandise Including Department of Defense (DOD) Military
Assistance Program Grant-Aid Shipments--Schedule B Sections and Selected Divisions. Seasonally Adjusted and
Unadjusted, by Month: January 1973 to May 1974

(In millions of dollars. See Eplanatlon of Statistics for Informatlon on coverage and a definition of (f.a.s.) export value. Unadjusted totals
represent u a of unrounded figures and hence may vary slightly from sum of rounded amounts)

Schedule B sections and selected division'
Period
0 1 2 3 4 5 6 7' 71 72 73 1 8 9

Seasonally adjusted'
1973

January-May............. 3,806.8 427.6 3,424.0 648.8 '242.2 2.094.2 2.510.3 10,716.O 1.609.3 1,920.U 4,162.7 1.309.8 '712.2

January................. 672.8 78.8 579.4 126.7 '44.0 404.2 494.5i 2,099.4 895.8 368.2 764.8 290.1 '118.9
Pebrary................ 703.3 96.4 666.1 128.9 '44.8 399.7 476.8 2.091 7 903.8 376.9 823.9 286.6 '132.6
Marrh................... 785.6 87.5 756.6 126.5 '61.0 420.4 494.6 2,095.7 896.8 379.7 859.7 291.9 145.7
April .................. 810.2 91.2 696.3 139.8 '38.0 435.4 547.9 2,161.1 940.7 383.5 809.5 315.7 '168.4
May..................... 834.9 73.7 725.6 126.9 '54.4 434.5 546.4 2,270.1 972.2 411.7 904.8 325.5 4146.7
June.................... 941.6 80.1 677.1 137.3 58.9 465.6 560.5 2,249.3 974.4 410.9 881.5 335.3 '171.1
July.................... 978.4 81.9 651.9 148.0 58.9 461.8 599.7 2.295.6 .045.5 422.3 819.7 328.3 '193.2
August.................. 1,243.8 80.7 639.3 134.9 '59.6 501. 610.7 2,302.9 1.043.3 437.3 828.6 330.1 '126.8
Bepteber............... 1,233.0 81.8 624. 112.2 '66.2 531.1 693.8 2,494.6 1,095.7 448.7 957.6 349.4 '147.7
October................. 1,185.2 88.4 723.6 160.6 '59.1 543.3 696.0 2,571.8 1,145.2 463.2 957.3 365.3 '163.8
November................ 1.253.7 91.2 796.3 153.8 '61.4 599.9 739.4 2,645.7 1,113.0 467.0 1,052.5 373.3 '178.6
December................ 1,259.0 77.3 815.4 174.7 '77.6 562.8 730.9 2,685.6 1.126.2 462.7 1,048.7 365.1 '130.2

1974

January-ay............. 5,929.1 549.5 4,812.7 1,031.' '526.Q 3,4J?.5 4,.. 1. l4,iPtc. t..l16.8 .,"l...5 5,311. 2,158.0 '982.4

January................. 1,180.4 113.5 819.6 165.7 '73.7 627.9 789.4 2,684.6 1,171.6 518.9 917.3 390.0 '184.1
Februar................ 1,211.3 112.7 996.6 215.4 496.5 675.9 828.6 2,821.8 1,180.5 523.5 1,135.3 405.2 *174.2
arch................... 1,233.8 87.6 1,027.5 172.1 '100.9 698..3 859.6 2,785.7 1,228.1 al1.l 1.080.0 433.3 '191.8
Aprl................... 1,259.9 115.2 1,026.0 221.2 '124.2 761.7 919.9 3,069.1 1,310.2 t67.6 1,143.6 451.8 '207.8
M2y.................... 1,043.7 120.5 93.0 257.3 '131.7 3.i 4 ,.8 2,925.0 1,)06. 53.? 1,..6 7-.7 'l 21'.
Jiun ....... ...........
July ....................
August.............
September ..............
October.................
November................
December ...............

unadjusted

I973

Jenuary-December........ 11,930.8 1,008.5 8,383.6 1,670.5 684.0 5,748.5 7.161.3 27,841.7 12,099.0 5,030.7 10,712.1 3,950.7 1,843.5

January-May............. 3,771.3 359.i 3,584.2 616.2 242.2 2.118.0 2,615.j 11,325.8 1,762.4 1,960.8 1,602.6 1,530.6 712.2

January................. 690.3 62.9 584.6 105.2 44.0 388.8 478.8 1,955.5 852.3 369.7 733.4 275.1 118.9
February................ 672.3 74.5 663.1 106.7 44.8 384.1 458.0 2,026.4 870.6 352.4 803.3 270.8 132.6
March................... 805.3 78.4 840.4 121.2 61.0 441.4 534.4 2,526.1 1,034.1 409.7 1.082.3 325.7 145.7
April................... 768.6 74.8 717.3 142 0 38.0 443.7 565.5 2,249.7 971.3 389.6 888.8 324.3 168.4
Ey..................... 834.7 68.4 778.8 141.0 54.4 460.1 578.9 2,568.2 1,034.1 439.3 1,094.8 334.7 146.7
Jue.................... 950.0 73.4 676.3 137.8 58.9 475.8 587.0 2,317.1 1,014.7 413.8 888.6 345.4 171.1
July.................. 907.4 72.1 563.7 132.3 58.9 467.8 556.6 2,049.5 985.3 397.8 666.4 308.9 193.2
August.................. 1,216.7 77.3 558.9 154.1 59.6 516.5 607.5 2,067.6 988.0 414.1 665.4 331.0 126.8
September............... 1,191.0 92.9 506.3 121.6 66.2 505.6 648.8 2,319.4 1,003.6 429.9 885.8 336.9 147.7
October................. 1,216.0 110.6 749.8 177.1 59.1 553.1 709.2 2,551.0 1,142.8 489.1 919.0 378.5 163.8
Novmber................ 1.385.2 128.7 892.2 156.2 61.4 566.9 731.3 2,564.0 1,088.6 466.1 1,009.3 373.3 178.6
December................ 1,293.1 94.3 852.2 175.0 77.6 544.8 705.4 2,647.5 1,113.6 459.0 1,074.9 346.1 150.2

1974

January -Uay............. 5,877.3 463.j 3 ,054.7 988.0 52b.9 3,4t.7j ,'4,... 15,080'... 6,4..2. 2,71.7 ,i,866.0 2,Z00.8 982.4

January ................. 1,198.1 90.8 854.0 144.2 73.7 604.6 736.3 2,515.5 1,118.9 521.5 875.1 371.3 184.1
February................ 1,156.8 87.2 992.6 178.6 96.5 650.2 795.5 2,734.3 1,136.8 489.5 1,107.9 382.9 174.2
March................... 1,257.3 79.1 1,113.8 161.6 100.9 734.6 934.3 3,376.3 1,414.8 594.3 1,367.3 477.9 197.6
April................... 1,181.8 94.9 1,080.4 222.7 124.2 774.7 s52.0 3,185.7 1,j3.4 575.6 1.256.7 466.1 207.8
May..................... 1,083.4 111.3 1,013.8 281.0 UL1.7 71.9 1,036.3 3,.26.6 1.18.P 5010.8 1,250.0 500.6 218.5
June .................
July...................
August .............
September..............
October..... .........
November................
December................

SSchedule B section and selected division descriptions are as follows*

0. Food and live anImals 7. Machniery and transport equipment
1. Beverages and tobacco 71. Machinery, other man electric
2. Crude materials, Inedible, except fuels 72. Electrical machinery, apparatus, and appliances
3. Mineral fuels, lubricants, and related materials 73. Transport equipment
4. Animil and vegetable oils and fats 8. UMtcellaneoub manufactured articles, n.e.c.
Chemicals 9. Commodities and tran actlons not classified according to kind
6. Manufactured goods classified chiefly by material
'SeaemaalLy adjusted figure for section 7 may differ slightly from the sum of divisions 71, 72, and 73 since each is independently adjusted.
'Ad4lusted for seasonal and worklng-day variation using seasonal adJuatment factors introduced in January 1974. See footnote I on front page.
Annual totals ae not shown for seasonally adjusted data. Unadjusted data should be used for annual totals. The adjusted section total in
this table and slallar overall monthly totals In tables I and 2 w-re adjusted independently.
Ine the absence of demnstrable seasonal patterns for this section, no seasonal adjustment factors have been applied to data.













Table 5. U.S. General Imports Schedule A Sections, Seasonally Adjusted and Unadjusted by Month:
January 1973 to May 1974

Part A. Customs Value Basis

tln million ofdolars See E planauon of Statliscs for moninabon on coverage and a definition of Custonls vue. Unadjusted totals iepimaen nm of umnrnded fIluues and hence
may vay slightly hfom sum of rounded amounts)

Schedule A sections'
Period
0 1 2 3 4 5 6 7 a 8

Bessonal ly adJusted'


1973

January-May.......... 3.162.4 185.9 2,005.2 2,667.8 169.8 959.6 5347.7 8,345.0 3,295.1 '715.7

January .............. 581.9 104.8 389.4 467.0 '8.8 184.8 1,064.4 1,612.3 639.7 '162.8
Febniary............. 618.4 88.2 398.8 500.5 '16.8 198.2 1,144.9 1,672.9 677.6 '15.7
March................ 631.6 88.6 393.2 537.4 '14.7 185.9 1,068.6 1,673.2 659.1 '151.3
April ................ 630.1 103.0 413.5 533.0 '13.6 194.0 998.2 1,648.8 652.1 '141.4
May.................. 700.4 101.3 410.3 629.9 '15.8 196.5 1.071.6 1,737.8 666.6 '131.6
June................ 646.8 91.8 426.7 635.1 '19.8 206.7 1,098.8 1,840.3 676.4 '10.9
July................. 619.9 104.3 417.0 587.9 s16.9 202.9 1,166.1 1,866.4 683.5 '153.8
Augus l............... 670.6 120.6 397.4 748.9 '23.5 203.7 1,141.7 1,905.8 700.2 '155.6
September............ 648.6 102.6 400.7 757.3 '21.2 208.3 1,022.4 1,695.5 674.9 '144.9
October.... ......... 679.1 104.0 447.8 782.6 '25.5 2J3.1 1,080.9 1,878.8 686.3 '160.2
November.............. 837.2 103.5 173.2 1,005.0 '37.4 224.2 1,180.2 1,952.7 773.0 '143.4
December ............. 721.1 102.2 411.1 939.1 '38.5 225.8 1,150.7 1,521.3 681.4 '155.3

1974

January-May......... 4,068.4 5W0. 2,381.9 9,154.9 105.e 1,262.8 6,287.8 9,683.2 3,711.0 3822.7

January.............. 719.0 96.5 424.2 1,192.7 '23.6 195.1 1,055.8 1,846.1 660.1 '144.6
February............. 808.0 100.1 452.7 1.592.9 '24.5 235.7 1,259.0 1,881.2 741.0 '155.1
March.............. 972.6 110.9 507.8 1,666.3 '35.3 248.9 1,354.8 1,897.0 779.3 '170.8
Apr il................ 763.1 118.1 480.6 2,385.1 '40.3 272.0 1,247.1 1.974.0 746.3 '179.0
ay .................. 8'.' 11.8 516.6 2,317.0 42.2 311.1 1,371.1 2,084.0 784.3 173.2
June...... ........
July .......... .. ...
Augus ...............
September..........
October........... ..
November............
December.............

Unadjusted

1973

January-Decaeber..... 7,986.2 1,213.1 4,987.9 8,101.0 254.6 2,436.7 13,198.3 20,969.6 8,184.0 1,789.8

January-Hay.......... 3,206.4 470.5 1,955.7 2.737.1 69.8 1,016.2 5,340.5 .,711J 3,118.3 715.7

January.............. 616.7 109.2 388.5 532.2 8.8 189.1 1,106.3 1,661.4 631.5 162.6
Febna ry............. 568.4 76.3 341.2 495.5 16.8 190.2 983.8 1,572.9 584.1 128.7
March................ 630.1 83.5 383.8 595.3 14.7 202.5 1,078.2 ,8189.3 643.2 151.5
April ................ 658. 98.9 398.3 303.5 13.6 221.3 992.9 ],710.2 609.8 141.4
Ma .................. 732.7 102.5 443.8 610.6 15.8 213.1 1,179.2 1,954.4 649.7 131.8
June....... ......... 627.1 97.3 453.1 604.3 19.8 208.8 1,114.0 1,918.1 697.1 160.9
July................. 598.9 94.4 431.3 554.9 18.9 185.8 1,192.7 2,700,7 720.4 153.8
August............... 696.9 91.2 408.7 776.3 23.5 206.2 1,135.2 1,683.7 820.0 155.6
September .......... 615.7 91.0 386.8 694.9 21.2 189.2 968.9 1,507.6 666.2 144.9
October........ .... 707.0 128.0 490.7 794.7 25.5 206.1 1,136.0 1,943.9 781.3 160.2
Noa ember... ... .... 809.0 127.0 478.7 908.3 37.4 216.2 1,239.6 2,055.2 772.2 143.4
DeceMber............. 723.3 113.7 383.0 1,030.5 38.5 208.2 1,071.3 1,443.2 608.3 155.3

1974

January-May. ....... .L,80.5 520.3 2,325.1 9,279.1 165.8 1,333.5 6,274.3 10,122.3 3,5U1.4 822.7

Januar.............. 780.8 100.3 413.6 1 304.9 23.6 200.7 1,094.8 1,943.9 642.3 244.6
February.............. 43.4 86.2 387.9 1,577.0 24.5 226.3 1,081.4 1,770.2 640.2 155.1
March................ 910.4 104.1 488.0 1,819.6 35.3 262.3 1.312.8 1,984.3 735.6 170.8
April................ 623.4 113.1 478.6 2,292.1 40.3 310.4 1,290.7 2,120.1 723.1 179.0
May................. 822.h v iP.5 556.9 2,285.5 42.2 333.8 1,494.5 ,303.8 770.2 173.2
June.................
July.................
AIgu t ......... .....
September ...........
October ..... ...... .
November............
Dec e be r.............

'Schedule A section descriptions are as follows
O. Food and live animtlE 5. Chemicals
1. Beverages and tobacco 6. Manufactured goods-claislfled chiefly by material
2. Crude materials, Ineuable, except fuels 7. Machinery ana transport equipment
3. Mineral fuels, lubricants, and related lnterials 8. Miscellaneous manufactured articles, n.e.s.
4. Animal and vegetable oils an frats 9. Cramodltles and transactions not classified according to kind
'Adjusted for seasonal and working-day variation using seasonal adjustment factors introduced La January 1974. See footnote I n Ifront
page. Annual totals are not shom for seasonally adjusted data. Unadjusted data should be used for annual totals. The adjusted section
totals In this table and similar overall monthly totals in tables 1 and 3 were adjusted Independently.
'In the absence of demonstrable seasonal palternI for Lals section, no seasonal adJIjusent factors have been applied.













Table 5. US. General Imports Schedule A Sections, Seasonally Adjusted and Unadjusted, by Month:

January 1974 to May 1974


Part B. C. i. Value Basis

(in millions of dollar See eplanaluon of illustics for mnformaion on coverage and a defimbon of c.i.f. value. Unadjusted totals represenl sum of unrounded figures and hence may
vary slightly from sum of rounded amounts

Schedule A aectlons'
Period I I I I --9
0 1 2 3 4 5 6 7 8 9

Seasonally adjusted'

1974

January-eay ........... 4,403.2 588.3 2,677.4 9,888.7 )174.0 1,374.4 6,616.7 10,252.5 3,947.1 84P8.5

January.............. 774.9 104.9 479.0 1,325.4 '25.2 211.8 1,108.0 1,943.9 703.7 '150.2
February.............. 972.2 18.2 504.0 1,730.4 '26.0 253.6 1.322.4 1,985.9 786.1 '150.3
March................. 1,053.0 121.2 566.0 1,782.4 '37.1 269.4 1.424.5 2,014.1 825.7 '176.1
April................. 828.2 128.8 543.9 2,557.5 41.7 297.1 1,315.4 2,100.8 794.3 '183.7
May................... 874.9 125.2 584.5 2,493.0 1 .0 342.5 1,4.6.4 2,207.8 )?.3 '17t1.2
une.................
July..................
Augusti...............
September.............
October...............
November.............
December.............

Unadjusted


1974

January-May........... 4,/.16.3 566.4 2,61,.6 10,025.3 174.0 1,451.8 6,603.1 10,718.2 3,735.3 848.5

January............... 841.5 109.1 467.0 1,450.0 25.2 217.9 1,149.0 2,046.9 684.7 150.2
February.............. 802.4 93.2 431.9 1,713.1 26.0 243.5 I 135.9 1,868.7 679.2 160.3
Narch................. 985.6 113.8 513.9 1,946.4 37.1 283.9 1,380.3 2,106.8 779.5 176.1
April................. B93.6 123.4 541.7 2,457.8 41.7 339.0 1.361.4 .2256.3 769.7 183.7
ay.................... 893.3 127.1 630.1 2,458.1 44.0 367.5 1,576.t 2,.3.6 8222.2 178.2
Jule..................
July ..................
August...............
September............
Oc tober...............
November.............
December..............

'Schedule A section descriptions are as follows;
O. Food and live animals 5. Chemicals
1. Beverages and tobacco 6. Manufactured goods classilleo chiefly by material
2. Crude materials, Inedible, except Tuels 7. Machinery and transport Equipment
3. Mineral fuels, lubricanta, and related materials 8. Miscellaneous manufactured articles, n.e.s.
4. Animal and vegetable oils and fats 9. Commodities and transactions not elasslfled according to kind
'Adjusted fort seasonal and nworking-day variation using seasonal adjustment factors introduced In January 1973. See footnote 1 on front
page. Annual ctals are not abown for seasonally adjusted data. Unadjusted daca should be used for annual totals. The adjusted section
totals In this table and similar overall monthly totals In tables I and 3 were adjusted Independently.
In the absence of demonstrable seasonal patterns for this section, no seasonal adjustment factors have been applied.




UN IVER Srry O F F LOIDA










i i
1